Europe Specialty Medical Chairs Market Size & Outlook
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Europe specialty medical chairs market highlights
- The Europe specialty medical chairs market generated a revenue of USD 1,377.0 million in 2023.
- The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, treatment chairs was the largest revenue generating product in 2023.
- Rehabilitation Chairs is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Czech Republic is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,377.0 million |
| Market revenue in 2030 | USD 2,287.2 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Treatment chairs |
| Fastest growing segment | Rehabilitation Chairs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Examination Chairs, Treatment Chairs, Rehabilitation Chairs |
| Key market players worldwide | A-Dec, Fresenius Medical Care AG, Topcon Corp, MidMark Corporation, Danaher Corp, Dentsply Sirona Inc, Planmeca |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.6% of the global specialty medical chairs market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,440.1 million by 2030.
Treatment chairs was the largest segment with a revenue share of 40.07% in 2023. Horizon Databook has segmented the Europe specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
Europe specialty medical chairs market is expected to grow at a significant rate over the forecast period owing to increasing prevalence of various diseases such as obesity and CVDs. According to European Health Interview Survey (EHIS), in 2014, 51.6% of the European population aged 18 and above was overweight.
According to European Heart Network, there were approximately 11.3 million new cases of CVD and more than 85 million people in Europe were living with CVD in 2015. Patients affected with obesity and CVD require rehabilitation chairs for such as R&D to quick recovery.
Moreover, market players are undertaking organic growth strategies introduce novel products, which in turn is expected to boost growth of the market. For instance, Fresenius Kabi invested USD 371.9 million in 2016 on R&D activities, witnessing an overall growth of 5% in the R&D sector in comparison with 2015, thereby augmenting market growth over the forecast period.
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Specialty Medical Chairs Market Scope
Specialty Medical Chairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe specialty medical chairs market size, by country, 2018-2030 (US$M)
Europe Specialty Medical Chairs Market Outlook Share, 2023 & 2030 (US$M)
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